Rite Aid (RAD) May Comps Increase 2.1%

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Rite Aid Reports Same Store Sales for May

June 4, 2015 8:30 AM EDT

CAMP HILL, Pa.--(BUSINESS WIRE)-- Rite Aid Corporation (NYSE: RAD) today announced sales results for May.

Monthly Sales

For the five weeks ended May 30, 2015, same store sales increased 2.1 percent over the prior-year period. May front-end same store sales increased 0.1 percent. Pharmacy same store sales, which included an approximate 179 basis points negative impact from new generic introductions, increased 3.0 percent. Prescription count at comparable stores increased 0.7 percent over the prior-year period.

Total drugstore sales for the five-week period increased 2.0 percent to $2.535 billion compared to $2.484 billion for the same period... More